Word: johnsons
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Dates: during 1960-1969
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...million by Army engineers in the heady days of the 1965-66 buildup, the complex has 70 miles of roads, a jet airfield, a port handling ocean freighters and one of the Army's largest supply depots anywhere. Cam Ranh Bay was considered so safe that Lyndon Johnson paid two visits there...
...Primitivism. Others, however, see the trend as deeper and longer-lasting. Says Pete Johnson, former rock-music critic for the Los Angeles Times: "With Sgt. Pepper, records got really artsy-craftsy-more cerebral than gut. You had 15-minute rock symphonies and huge, long, pretentious albums that you had to listen to 20 times to understand. It got so you couldn't tell anything from this mill of sounds made by these esthetes of rock. Then there came a cry for primitivism, and you started hearing rock 'n' roll-a name that had been unfashionable-as opposed...
Golfing Decision. U.S. Trust's basic investment policies are set by a three-man leadership: Chairman Hoyt Ammidon, Vice Chairman Berkeley Johnson and President Charles Buck. The decision as to whether or not to invest is based about 20% on a company's product and ability to market it, and 80% on the bankers' personal assessment of the company's president and top management. Vice Chairman Johnson believes that "you can learn quite a bit about the ethics and personality of the man you are dealing with by playing golf or going shooting with...
...real estate investments, buying a portfolio of tax-free municipal bonds and long-term growth stocks, and setting up trusts for his two children. Estate advisers even thought of future grandchildren and provided trusts for them in the doctor's will. "By creating charitable trusts," says Vice Chairman Johnson, "it is possible to make money stick to a family's bones decade after decade...
...coordinate the tangle of Government programs and enroll the assistance of bankers and other private businessmen. The businessmen seem eager, if only given direction from Washington, to provide markets and managerial help. Indeed, so successful is the National Alliance of Businessmen, which was founded during the Johnson Administration to find jobs for the hard-core unemployed, that Nixon might consider starting a National Alliance of Enterprise through which experienced businessmen could coordinate public and private efforts to get black capitalism going...